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FTX’s Bahamas Arm a ‘Nullity’ That Should Be Stripped of Assets: Court Filings

The Caribbean arm is a mere shell to further Sam Bankman-Fried’s fraud, FTX's new management says.

FTX's new management team is accusing FTX founder Sam Bankman-Fried of using an FTX entity in the Bahamas to further his alleged fraud. (Liz Napolitano/CoinDesk)
FTX's new management team is accusing FTX founder Sam Bankman-Fried of using an FTX entity in the Bahamas to further his alleged fraud. (Liz Napolitano/CoinDesk)